Life Insurance

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Funeral Insurance

Funeral Insurance Options This has got to be one of the most easy to understand insurance policies when it comes to what you are covered for and how much you pay in premiums. Funeral insurance is generally limited to smaller insured amounts, designed to pay for the last such as funeral costs, but could possibly be used for minor last expenses as well, such as legal costs. How Funeral Insurance Works You can choose an insured amount and the maximum amount may be different with different insurers. The unique part about Funeral Insurance is, if the person insured dies within [...]

2020-11-14T20:11:25+13:0022/10/2020|Categories: Blog, Life Insurance|Tags: , , , |

Cheaper premiums for life insurance

Cheaper Premiums for Life Insurance All of us want cheaper premiums for life insurance; it's only human nature to want to pay as less as possible but get as much as possible.  You may think that $50.00 is cheaper than $75.00, but what if I told you it is not? We often equate a lower price as being cheaper, but that is not always the case.  What you see in this example is a Price, but over time there is a Cost, but lowest Price does not always mean lower Cost, therefore is it cheaper. Price vs Cost Let's look [...]

2020-11-14T21:06:29+13:0024/08/2020|Categories: Blog, Life Cover, Life Insurance|Tags: , |

Insurance for COVID-19

Insurance for COVID-19, and what are your options? Firstly, there is no specific insurance cover for COVID-19 but the medical conditions or health complications it may cause you, could be covered and it will depend on the type of cover you have and the conditions that are caused by COVID-19. Let's look at a couple of scenarios Scenario 1 If you had income protection and were unable to work because you were sick, then you could be eligible to claim on your income protection policy whether the COVID-19 virus caused it or not.  Your policy wording may be something like [...]

2020-11-15T22:54:55+13:0019/04/2020|Categories: Health Insurance, Income Insurance, Life Insurance|

Life Insurance Comparison

LIFE INSURANCE COMPARISON  When looking for the right life cover for you, getting a life Insurance comparison between companies is a smart idea, especially when you look at the long term cost, as well as the immediate price. Price is one of the main driving factors when looking for life cover online, but there are a couple of other factors to consider when getting a life insurance comparison. LONGER TERM COST  How much is your cover going to cost you over the long term? As for accumulative premium projections over a ten year and 20 year period, as well as [...]

2019-04-20T08:45:00+12:0020/04/2019|Categories: Blog, Life Insurance|Tags: , |

Life Insurance how much do I need?

Deciding how much life insurance you need comes down to what are your priorities and current financial commitments.  There are some basics to follow which will give you an idea of how much cover you may need. Repay All Debt You should make sure you repay all debt in the event of either spouse. In most cases, the surviving spouse will struggle financially and will not be able to meet joint financial commitments, especially if the household has lost an income. If you think your spouse will be fine and you don't need any Life Insurance, try living on the [...]

2019-02-20T18:55:39+13:0020/02/2019|Categories: Blog, Life Insurance|

Cheapest life insurance

Who has the cheapest life insurance Finding the cheapest life insurance is easy, but understanding the differences is not.   There is nothing wrong with paying as less as possible for what you want, but what is important is making an informed decision on the differences between your options then, decide which cover is for you. How much does life insurance cost? The cost of the life insurance premium depends on a number of factors such as; Age of the person insured Gender of the person insured Whether you are a smoker or non-smoker When you have any medical conditions that [...]

2018-08-20T11:06:08+12:0020/08/2018|Categories: Blog, Life Insurance|Tags: , , |

Best funeral insurance

Who has the best funeral insurance is a relative question because it depends on a couple of factors. It depends on who you are insuring, how old they are and their current health status.  Some people ask for funeral insurance, but after asking questions, all the wanted was a small amount of life cover.  Funeral insurance is a specific type of protection with limitations, and my advice is, if you can get Life Cover, then I think you are better off. So what's the difference? The difference between the best funeral insurance and life cover is that in most cases [...]

2018-02-20T10:27:48+13:0020/02/2018|Categories: Blog, Life Insurance|Tags: , |

When to buy Life Insurance Online

Technology makes our life easier (well it’s supposed to!) and we can now access goods and services that we never were able to a decade ago or even last year for that matter. Everything seems to be coming online and purchasing Life Insurance Online is no different, but my answer to that question is...NEVER! There are companies who have substantial client bases such as The Warehouse, and Countdown who are moving in on an area which is normally for registered financial advisers and the insurers themselves. Personally, I don’t think banks should even sell Life Insurance products, they should stick [...]

2017-12-20T09:19:21+13:0020/12/2017|Categories: Blog, Life Insurance|

When can you claim insurance?

When can you claim insurance? Here is an actual claim story from 2011 which an adviser has shared. His clients were a young couple, with 3 children. They are your typical hard working busy couple, he had his own small business and she was a stay at home mum and the kids belonged to all sorts of after-school activities, they were a busy family, even on the weekends. They had bought a new home a few years before and took out life cover, mortgage repayment and trauma cover, all which were recommended by the adviser. The couple was contacted each [...]

2017-03-31T23:17:01+13:0031/03/2017|Categories: Blog, Life Insurance|Tags: , , |

We are living longer

WE’RE LIVING LONGER The National Institute on Aging states that “the dramatic increase in average life expectancy in the 20th century ranks as one of societies greatest achievements”. Most babies born in 1900 did not live past 50, life expectancy at birth is now between 74 and 83. We are better informed about our health, diet and lifestyle choices, and advances in medical treatment is also enabling us to live longer. With longer lives also comes the need for us to plan for longer as well.  Where 60 was the retirement age in the 70’s and 65 in this millennium, [...]

2017-03-16T15:05:26+13:0016/03/2017|Categories: Blog, Life Insurance|Tags: , |
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